NuVasive Financial Health
How is NuVasive's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NUVA's short term assets ($823.3M) exceed its short term liabilities ($701.4M).
Long Term Liabilities: NUVA's short term assets ($823.3M) exceed its long term liabilities ($646.3M).
Debt to Equity History and Analysis
Debt Level: NUVA's net debt to equity ratio (80.2%) is considered high.
Reducing Debt: NUVA's debt to equity ratio has increased from 90.7% to 107.5% over the past 5 years.
Debt Coverage: NUVA's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: NUVA's interest payments on its debt are well covered by EBIT (3.3x coverage).